The U.S. Federal Reserve, Treasury Department, and the FDIC are exploring a potential guarantee of all bank deposits in the U.S. It will make the FDIC temporarily insure deposits beyond the current $250,000 limit on most accounts, without having to get approval from the U.S. Congress.
Elon Musk, Peter Schiff, Bill Ackman Warns US Fed and FDIC Ahead Of FOMC Rate Hike
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21 March 2023 08:55, UTC